Industry Analysis & Industry Trends
Rising import penetration has displaced the downstream demand for buttons, zippers and yard fabric from domestic distributors to international manufacturers. Additionally, wholesale bypass, which is the trend of downstream buyers sourcing directly from manufacturers to cut expenses, has constrained wholesalers' function in the domestic supply chain and eliminated many operators. Although the recovering economy will help the industry somewhat, these adverse trends are anticipated to continue in the coming years... purchase to read more
Industry Report - Industry Analysis Chapter
The Piece Goods, Notions and Other Apparel Wholesaling industry has long been in decline, and the economic recession that hit the United States only made conditions worse. Prior to the recession, the industry experienced a combination of price competition from low-cost imports and vertical integration by upstream manufacturers. Industry revenue declined in four of the past five years and IBISWorld expects revenue to decline at an annualized 1.8% to $14.3 billion over the five years to 2016; a decline of 3.1% is expected in 2016 alone.
Like many US apparel industries, this wholesale industry has been negatively affected by import penetration into the domestic market... purchase to read more